Federal Realty Investment Trust (NYSE:FRT) Price Target Cut to $107.00 by Analysts at Mizuho

Federal Realty Investment Trust (NYSE:FRT) had its target price decreased by Mizuho from $119.00 to $107.00 in a report released on Tuesday morning,Benzinga reports. Mizuho currently has a neutral rating on the real estate investment trust’s stock.

A number of other equities research analysts have also issued reports on FRT. Raymond James decreased their target price on shares of Federal Realty Investment Trust from $125.00 to $117.00 and set an “outperform” rating for the company in a research note on Tuesday, February 18th. Scotiabank lifted their price objective on shares of Federal Realty Investment Trust from $119.00 to $126.00 and gave the company a “sector outperform” rating in a research note on Monday, November 25th. StockNews.com raised shares of Federal Realty Investment Trust from a “sell” rating to a “hold” rating in a research note on Friday, February 21st. Wells Fargo & Company reduced their price objective on shares of Federal Realty Investment Trust from $126.00 to $125.00 and set an “overweight” rating for the company in a research note on Wednesday, January 29th. Finally, JPMorgan Chase & Co. raised shares of Federal Realty Investment Trust from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $122.00 to $125.00 in a research note on Friday, December 20th. Three equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $122.54.

Federal Realty Investment Trust Trading Down 0.1 %

Shares of NYSE:FRT opened at $105.53 on Tuesday. The firm has a fifty day moving average of $107.85 and a two-hundred day moving average of $111.77. The firm has a market capitalization of $9.04 billion, a P/E ratio of 30.77, a price-to-earnings-growth ratio of 2.20 and a beta of 1.24. Federal Realty Investment Trust has a 12-month low of $95.97 and a 12-month high of $118.34. The company has a quick ratio of 1.97, a current ratio of 1.97 and a debt-to-equity ratio of 1.45.

Federal Realty Investment Trust (NYSE:FRT) last issued its earnings results on Thursday, February 13th. The real estate investment trust reported $1.73 earnings per share (EPS) for the quarter, meeting analysts’ consensus estimates of $1.73. The company had revenue of $311.44 million during the quarter, compared to analyst estimates of $311.85 million. Federal Realty Investment Trust had a net margin of 24.38% and a return on equity of 9.89%. On average, equities analysts expect that Federal Realty Investment Trust will post 7.15 EPS for the current fiscal year.

Federal Realty Investment Trust Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, April 15th. Investors of record on Tuesday, April 1st will be issued a $1.10 dividend. The ex-dividend date of this dividend is Tuesday, April 1st. This represents a $4.40 annualized dividend and a yield of 4.17%. Federal Realty Investment Trust’s dividend payout ratio (DPR) is presently 128.28%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Brooklyn Investment Group bought a new position in shares of Federal Realty Investment Trust during the 3rd quarter worth about $36,000. Kapitalo Investimentos Ltda bought a new position in shares of Federal Realty Investment Trust during the 4th quarter worth about $51,000. Venturi Wealth Management LLC increased its holdings in shares of Federal Realty Investment Trust by 244.9% during the 4th quarter. Venturi Wealth Management LLC now owns 469 shares of the real estate investment trust’s stock worth $53,000 after purchasing an additional 333 shares during the period. Smartleaf Asset Management LLC increased its holdings in shares of Federal Realty Investment Trust by 25.0% during the 4th quarter. Smartleaf Asset Management LLC now owns 555 shares of the real estate investment trust’s stock worth $62,000 after purchasing an additional 111 shares during the period. Finally, Brown Brothers Harriman & Co. increased its holdings in shares of Federal Realty Investment Trust by 592.0% during the 4th quarter. Brown Brothers Harriman & Co. now owns 692 shares of the real estate investment trust’s stock worth $77,000 after purchasing an additional 592 shares during the period. Institutional investors own 93.86% of the company’s stock.

Federal Realty Investment Trust Company Profile

Federal Realty Investment Trust is an equity real estate investment trust, which engages in the provision of ownership, management, and redevelopment of retail and mixed-use properties located primarily in communities where demand exceeds supply in strategically selected metropolitan markets. The company was founded in 1962 and is headquartered in North Bethesda, MD.